Resolution 1994-03 2348d
HIBIT C
<. f RESOLUTION NO. CI
APPROPRIATION OF FUNDS FOR TRAFFIC SIGNALS AT ILLINOIS ROUTE 47
AND SOMONAUK STREET
WHEREAS, the city of Yorkville of Kendall County, Illinois , hereinafter called
the CITY, has entered into an agreement with the state of Illinois through its
Department of Transportation, hereinafter called the STATE, of which the said
parties are to participate in sharing certain costs for improving a portion of
Illinois Route 47 within the CITY' s corporate limits; identified under State
Section (13 C)I and MFT Section 93-00013-00—TL.
WHEREAS, in compliance with the aforementioned agreement, it is necessary for
the CITY to appropriate MOTOR FUEL TAX FUNDS and/or OTHER FUNDS to pay its
reimbursement to the STATE for the engineering and construction costs
installing traffic signals at the intersection of Illinois Route 47 (Bridge
Street) and Somonauk Street.
NOW, THEREFORE, BE IT RESOLVED that there is appropriated the sum of FIVE
THOUSAND DOLLARS ($5,000) or so much thereof as may be necessary, from money
now and hereinafter allotted to the CITY, under the provisions of the MOTOR
FUEL TAX LAW, to pay its share of engineering and construction costs of
installing traffic signals, as provided in the agreement, and
BE IT FURTHER RESOLVED that upon award of the contract for this improvement,
the CITY will pay the Department of Transportation of the State of Illinois in
a lump sum from any funds allotted to the CITY under the Motor Fuel Tax Laws,
an amount equal to 95 percent of its obligation incurred under the said
agreement and will pay to the said Department the remainder of its obligation
in a lump sum, upon completion of the project, based upon final bid unit
prices.
The CITY's actual monetary reimbursement obligation to the STATE will be based
on final bid unit prices of the awarded contract.
BE IT FURTHER RESOLVED that the CITY agrees to pass a supplemental resolution
to provide additional funds if the amount appropriated herein proves to be
insufficient to cover its share of the costs .
APPROVED: STATE OF ILLINOIS)
) SS
CITY OF YORKVILLE)
STATE OF ILLINOIS I , S . t4iL >1-7
DEPARTMENT OF TRANSPORTATION City Cle , in and for the city of
Yorkville, hereby certify the
foregoing to be a true, perfect, and
complete copy of the resolution adopted
n b e City C ncil at a meeting on
K�X n�— �• Q—�rn�� 1994.
District Engineer
IN TESTI NY WHEREOF, . ereunto
set my h and seal is
day of , 994.
C � Ctr /o tS
l er
Date: 7 1994